Price for Containers for Compressed or Liquefied Gas, of Aluminium in the Philippines - 2022
Contents:
- Price for Containers for Compressed or Liquefied Gas, of Aluminium in the Philippines (CIF) - 2022
- Price for Containers for Compressed or Liquefied Gas, of Aluminium in the Philippines (FOB) - 2022
- Imports of Containers for Compressed or Liquefied Gas, of Aluminium in the Philippines
- Exports of Containers for Compressed or Liquefied Gas, of Aluminium in the Philippines
Price for Containers for Compressed or Liquefied Gas, of Aluminium in the Philippines (CIF) - 2022
The average import price for containers for compressed or liquefied gas, of aluminium stood at $43 per unit in 2022, with an increase of 20% against the previous year. In general, the import price enjoyed a prominent increase. The growth pace was the most rapid in 2016 an increase of 67% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($53 per unit), while the price for Taiwan (Chinese) ($2.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Containers for Compressed or Liquefied Gas, of Aluminium in the Philippines (FOB) - 2022
The average export price for containers for compressed or liquefied gas, of aluminium stood at $20 per unit in 2022, declining by -29.5% against the previous year. In general, the export price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 a decrease of -14.1% against the previous year. Over the period under review, the average export prices reached the peak figure at $123 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($20 per unit), while the average price for exports to Singapore stood at $18 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+2.3%).
Imports of Containers for Compressed or Liquefied Gas, of Aluminium in the Philippines
In 2022, supplies from abroad of containers for compressed or liquefied gas, of aluminium decreased by -34.6% to 111K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 353%. As a result, imports attained the peak of 170K units, and then reduced notably in the following year.
In value terms, imports of containers for compressed or liquefied gas, of aluminium contracted dramatically to $4.8M in 2022. Overall, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 443% against the previous year. As a result, imports reached the peak of $6.1M, and then shrank remarkably in the following year.
| Import of Containers for Compressed or Liquefied Gas, of Aluminium in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 80.4 | 16.6 | 5,495 | 3,220 | 242.1% |
| China | 267 | 431 | 327 | 685 | 36.9% |
| United States | 303 | 634 | 227 | 574 | 23.7% |
| United Kingdom | 2.3 | N/A | 0.5 | 127 | 280.8% |
| Thailand | 54.7 | 0.5 | 2.6 | 81.3 | 14.1% |
| Taiwan (Chinese) | 4.0 | N/A | N/A | 4.4 | 3.2% |
| Others | 52.0 | 36.8 | 23.3 | 78.5 | 14.7% |
| Total | 763 | 1,119 | 6,075 | 4,770 | 84.2% |
Top Suppliers of Containers for Compressed or Liquefied Gas, of Aluminium to the Philippines in 2022:
- Japan (61.0K units)
- United States (20.2K units)
- China (17.8K units)
- United Kingdom (5.2K units)
- Thailand (2.9K units)
- Taiwan (Chinese) (1.7K units)
Exports of Containers for Compressed or Liquefied Gas, of Aluminium in the Philippines
In 2022, exports of containers for compressed or liquefied gas, of aluminium from the Philippines surged to 546 units, jumping by 703% compared with 2021 figures. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of containers for compressed or liquefied gas, of aluminium skyrocketed to $11K in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Containers for Compressed or Liquefied Gas, of Aluminium in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | N/A | N/A | 10.9 | 0% |
| Singapore | N/A | 0.5 | N/A | N/A | 0% |
| Taiwan (Chinese) | 5.0 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | N/A | 1.9 | N/A | 0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 5.2 | 0.5 | 1.9 | 10.9 | 28.0% |
Top Export Markets for Containers for Compressed or Liquefied Gas, of Aluminium from the Philippines in 2022:
- Brazil (544.0 units)
- Singapore (2.0 units)
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